What HUD offices serve Ballantine, Montana?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Montana Public Housing and Low-Income Apartments Waiting Lists page for openings near Ballantine.
How many renters live in Ballantine, Montana?
The City of Ballantine has people living in households.
There are renters living in renter households in this City. Renters make up 29.41 percent of the population living in Ballantine.
What is the rental market like in Ballantine, Montana?
There are an estimated housing units in the Ballantine area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ballantine, Montana, there are 1.53 rental units.
What is the vacancy rate for rentals in Ballantine?
The rental vacancy rate in Ballantine is 35 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Ballantine for each bedroom size?
Occupied Rental Units by Size in Ballantine
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 0 | 0 | 53 | 0 |
Occupied Rental Units by Size in Ballantine
A large number of apartments in Ballantine have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Ballantine?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
Rental Units Below FMR in Ballantine, Montana
How many affordable rental units are in Ballantine?
Income Based Apartments in Ballantine, Montana
Ballantine features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Ballantine, Montana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ballantine.
Housing Choice Vouchers in Ballantine, Montana
On average, Section 8 Housing Choice vouchers pay Ballantine landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Ballantine.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ballantine, Montana for a two-bedroom apartment is between $1,033 and $1,263.
Sourced from federal housing data and AffordableHousingOnline.com research.